{"content":"JUST IN: 🇺🇸 President Trump says "too late" — Jerome Powell must lower interest rates now. Summary and Context: Former President Donald Trump has weighed in on U.S. monetary policy, criticizing Federal Reserve Chair Jerome Powell and calling for immediate interest rate cuts. By saying “too late,” Trump likely implies that Powell and the Fed have delayed taking necessary action to lower interest rates, possibly missing an optimal window to support economic conditions. Background: Jerome Powell is the current Chair of the U.S. Federal Reserve. Interest rates are set by the Fed to control inflation and stimulate or cool down the economy. Trump has previously criticized Powell during his presidency for not being aggressive enough with rate cuts. This statement might also be politically motivated, as monetary policy becomes a key topic in election seasons due to its impact on the economy, housing, and markets. Implications: If Powell and the Fed respond to such pressure, it could affect: Loan affordability for consumers and businesses Stock market reactions Inflation management However, the Federal Reserve operates independently of political figures, and any decision on interest rates is typically based on economic indicators rather than political opinion. #BTC #ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/04/888c0fa9b2ff4215bce8bc2a470b572d.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}